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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,594 total reviews)
avatar

Deanna Strable

78% approve of CEO

70% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,594 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Principal Financial Group employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
5.0
Jan 15, 2025
Recommend
CEO approval
Business Outlook

Pros

I have had a really great experience working at Principal. They pay fairly, and have great 401(k) matching. Great work/life balance.

Cons

The health insurance could be better for such a large company. They don't over charge their employees for it but, the ER co-pay on the better plan is $750, which is pretty high.

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Principal Financial Group Response
1y
Thank you for taking the time to write a thoughtful review! We're invested in building the best possible experience for our employees. We've shared your feedback to the appropriate internal contacts.
4.0
Jan 15, 2025

Great company

Recommend
CEO approval
Business Outlook

Pros

Excellent work culture Great learning

Cons

Promotion could be challenging. Apart from this no cons

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Principal Financial Group Response
1y
We appreciate you taking the time to share your experience. Your feedback is an important part of our growth as an employer.
4.0
Jan 11, 2025
Recommend
CEO approval
Business Outlook

Pros

Decent salary structure Stable work environment Good financial growth opportunities for freshers

Cons

Delayed promotions Average salary hikes Preferential treatment for employees who joined as freshers Lateral hires often face slower growth and recognition

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Principal Financial Group Response
1y
Thank you for sharing your feedback. PGS believes in transparent leadership and all actions and decisions are taken with the consensus of global business leaders. We encourage you to reach to your PGS business leader to clarify any questions or concerns you may have.
Viewing 310 - 312 of 2,594 Reviews

Glassdoor has 3,086 Principal Financial Group reviews submitted anonymously by Principal Financial Group employees. Read employee reviews and ratings on Glassdoor to decide if Principal Financial Group is right for you.